New Mexico § 46-12-126 - Later-discovered property
Full text of New Mexico New Mexico Statutes Annotated § 46-12-126 — Later-discovered property, with citation guidance and answers to common questions.
§ 46-12-126. Later-discovered property
A. Except as otherwise provided in Subsection C of this section, if exercise of the
decanting power was intended to distribute all the principal of the first trust to
one or more second trusts, later-discovered property belonging to the first trust
and property paid to or acquired by the first trust after the exercise of the power
is part of the trust estate of the second trust or trusts. B. Except as otherwise provided in Subsection C of this section, if exercise of the
decanting power was intended to distribute less than all the principal of the first
trust to one or more second trusts, later-discovered property belonging to the first
trust or property paid to or acquired by the first trust after exercise of the power
remains part of the trust estate of the first trust. C. An authorized fiduciary may provide in an exercise of the decanting power, or by
the terms of a second trust, for disposition of later-discovered property belonging
to the first trust or property paid to or acquired by the first trust after exercise
of the power.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 46-12-126
What does New Mexico Statutes Annotated § 46-12-126 cover?
Section 46-12-126 ("Later-discovered property") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 46-12-126?
A common citation format is "New Mexico Statutes Annotated § 46-12-126" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 46-12-126 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.